Sample Job Description for Cash Manager

Given below is a sample job description template for the position of Cash Manager:

Job Title: Cash Manager

Location of the Job: Kalamazoo, MI 49053

Years of Experience: 1 to 3 Years

Job Type: Full Time Employee

Education Level: Bachelor’s degree

Job Summary:

Direct cash management operations to include daily cash administration, foreign exchange, management of current accounts, Letters of Credit, and bank relations.​

Duties and Responsibilities:

  • Leading the cooperative effort among members of a project team
  • Developing and administering schedules, performance requirements and being responsible for budgets
  • Acting as an advisor to subordinates to meet schedules and resolve technical problems
  • Working on issues of diverse scope where analysis of situation or data requires evaluation of a variety of factors, including the understanding of current business trends
  • Recommending changes of policies and establishing procedures that immediately affect organization’s operation
  • Providing guidance to subordinates with latitude-established company policies
  • Determining how to use resources to meet schedules and goals
  • Acting as a liaison with sales and training personnel, branch offices and technology staff
  • Coordinating clearance/processing of stock loan transactions and syndications
  • Coordinating clearance/processing activities for repo, reverse repo and borrowed bonds activities
  • Working with stock loans, treasury and other operations groups in determining financing needs and availability of collateral for pledging
  • Managing buy-in and fail control processes
  • Balancing daily figures, reconciling with banks and clearing firms as well as doing same-day corrections, additions and deletions to order files
  • Authenticating instruction receipts, verifying entry instructions, processing, recording, reporting and reconciling

Position Requirements:

  • Strong managerial, planning, organizational, decision-making, interpersonal, analytical, and lateral thinking skills.​
  • Excellent oral and written communication skills, along with the ability to communicate and negotiate with a variety of internal and external constituencies.​
  • Bachelor’s degree in Finance or Accounting.​
  • Familiarity with bank cash management systems.​
  • In-depth knowledge of financial statements and financial statement analysis, including an ability to analyze cash flow and the impact on the financial statements.​
  • Designation as a certified Cash Manager or Certified Treasury Professional would be a plus.​
  • 5 – 8 years experience in Finance or Accounting, with a strong background in Treasury.​
  • MBA preferred.​

Salary: $10.00 – $13.00 Hourly DOE